(Bloomberg) — Cobalt is having a moment in the spotlight. Historically a minor byproduct of copper and nickel mining, the metal is a key ingredient for lithium-ion batteries and now a growing money maker for Glencore Plc. In the past eight months, prices more than doubled on speculation ...

(Bloomberg) — Randgold Resources Ltd. had to haul heavy equipment more than 1,000 miles to build the roads and hydropower plants needed to construct its Kibali gold mine, the biggest in Democratic Republic of Congo. The sprawling facility in a remote corner of a country the size of ...

Glencore has increased its hold on Democratic Republic of Congo’s copper and cobalt resources by buying the remaining stake in the Mutanda mine from resource group Fleurette and increasing its share in Katanga for a total of $960 million. Company statements said Glencore now owns 100 ...

The Katangan copper arc, which extends over the provinces of Upper Katanga and Lualaba in the Democratic Republic of Congo, is an area known for its numerous deposits of copper and cobalt (and other metals of economic interest). These appear on the surface in the form of hills covered by a ...

KINSHASA Freeport-McMoRan Inc (FCX.N) paid $33 million to resolve claims brought against it by Congo state miner Gécamines over the sale of its majority stake in the Tenke copper mine to China Molybdenum Co Ltd (CMOC) (603993.SS), it said in a statement. The settlement, revealed in the ...

JOHANNESBURG (miningweekly.com) – Growing global demand for cobalt has prompted Australia-based Tiger Resources to examine the possibility of converting its resources at the Kipoi mine, in the Democratic Republic of Congo (DRC), to a saleable product. CEO Michael Griffiths said on ...